Despite coronavirus-caused cutbacks, Israel expects to get full $3.8 billion

https://israelpalestinenews.org/despite-coronavirus-caused-cutbacks-israel-expects-to-get-full-3-8-billion/

The current aid to Israel is part of a package promised by the Obama administration in 2016 under which Israel would get $38 billion over the next 10 years – the largest such package in U.S. history.

The aid package works out to $7,230 per minute to Israel, and equals about $23,000 per each Jewish Israeli family of four.

Under the Obama-Netanyahu Memorandum of Understanding (MOU), the $3.8 billion per year was to be a ‘ceiling’ – the agreement was that Israel would not ask for more money on top of this annual disbursement.

However, an MOU is a non-binding agreement and can be changed. Therefore, Israel partisans in Congress have introduced legislation that would make it into law – and the legislation before Congress makes the terms even more beneficial to Israel than the MOU.

Under the current bill
before Congress, the $38 billion would be a ‘floor’ rather than a
‘ceiling,’ meaning that aid could increase, as it almost always has in the past.